Business Overview:
This is a particularly nice home in a park like setting. The home is licensed by the MDMH, subsidy approved, and has a 24 hour trained staff. Three meals daily plus snacks are prepared for the residents along with housekeeping and laundry services. The gross sales for 2009 are expected to be $550,000. The U.S. Census Bureau indicated that the over 65 population now totals 12.8 million and will more than double in the next 55 years. The over 85 population now totals 4.3 million and will more than triple in the next 45 years. The assisted living home is fully occupied.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
This assisted living home has 5,215 square feet, is clean and in good repair. It is located on 3.27 acres and is a 15 bed facility. The construction is brick and siding, is on one floor, has a full basement and zoned residential. It was built in 1976 with an addition added 8 years ago.
Market Competition and Expansion:
An additional 6 rooms with private baths can be added onto this facility with the existing well and septic.
Reason for Selling:
The owner has other business interests.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.